Savings

[Tuearts right boot]

If you include local bars and restaurants in your" tourism business owner " umbrella then I agree. I also think it's better for said tourist area to have holiday lets than holiday homes that only get used 2 weeks a year by their wealthy owners yet the government are making it harder for businesses to be viable. Most holiday let's if sold will be snapped up by wealthy people and turned into a holiday home turning most areas into ghost towns. This homes for local people is bollocks. No first time buyer is gonna pay close to half a million for a home near the coast in Anglesey. For one there's hardly any work there.

You're right about houses being snapped up as holiday homes...we've lost quite a few clients who had rentals and they are now holiday homes, a big difference in income for the community in general
Any houses on the market now need to have planning permission to convert to a rental, CGT is to be increased on the sale of rental properties and if we as renters dont reach a 50% utilisation we will be hammered for council tax plus 150%, granted, we, at present, pay business rates which is 100% rebated so we cant really complain if we attain the utilisation figures....thems the rules at present. The government trying to destroy the only growth industry in Wales.

 

[Kirkstall Blue]

We were advised by a solicitor to put our savings in to a joint savings account Is it possible to have a joint ISA ? As one half is in an ISA

 

[flook]

We were advised by a solicitor to put our savings in to a joint savings account Is it possible to have a joint ISA ? As one half is in an ISA

nope, the clue is in the name, individual savings account

 

[Blue Maverick]

You're right about houses being snapped up as holiday homes...we've lost quite a few clients who had rentals and they are now holiday homes, a big difference in income for the community in general
Any houses on the market now need to have planning permission to convert to a rental, CGT is to be increased on the sale of rental properties and if we as renters dont reach a 50% utilisation we will be hammered for council tax plus 150%, granted, we, at present, pay business rates which is 100% rebated so we cant really complain if we attain the utilisation figures....thems the rules at present. The government trying to destroy the only growth industry in Wales.

Are Airbnb classed in that as well as I know they are changing the tax rules on them as well

 

[Tuearts right boot]

Are Airbnb classed in that as well as I know they are changing the tax rules on them as well

Not sure tbh, I would have thought.